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. >>> another republican defies grover norquist and his tax pledge. he's "outfront" to explain why he did it and a month ago, a woman died when doctors failed to perform an abortion. her husband is now stepping out. . now from the maker of splenda sweeteners, discover nectresse. the only 100% natural, no-calorie sweetener made from the goodness of fruit. the rich, sweet taste of sugar. nothing artificial. ♪ it's all that sweet ever needs to be. new nectresse. sweetness naturally. new nectresse. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. you can stay in and share something... or you can get out there and actually share something. ♪ the lexus december to remember sales event is on. this is the pursuit of perfection. woman: what do you mean, homeowners insurance doesn'
. >>> another republican defies grover norquist and his tax pledge. he's "outfront" to explain why he did it and a month ago, a woman died when doctors failed to perform an abortion. her husband is now stepping out. . now from the maker of splenda sweeteners, discover nectresse. the only 100% natural, no-calorie sweetener made from the goodness of fruit. the rich, sweet taste of sugar. nothing artificial. ♪ it's all that sweet ever needs to be. new nectresse. sweetness...
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. >>> another republican defies grover norquist and his tax pledge. he's "outfront" to explain why he did it and a month ago, a woman died when doctors failed to perform an abortion. her husband is now stepping out. that's one smart board. what else does it do, reverse gravity? [ laughs ] [ laughs ] [ whooshing ] tell me about it. why am i not going anywhere? you don't believe hard enough. a smarter way to shop around. now that's progressive. call or click today. [ grunting ] anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. [ female announcer ] live the regular life. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one
. >>> another republican defies grover norquist and his tax pledge. he's "outfront" to explain why he did it and a month ago, a woman died when doctors failed to perform an abortion. her husband is now stepping out. that's one smart board. what else does it do, reverse gravity? [ laughs ] [ laughs ] [ whooshing ] tell me about it. why am i not going anywhere? you don't believe hard enough. a smarter way to shop around. now that's progressive. call or click today. [ grunting ]...
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everyone's talked about this pledge, right, to not raise taxes championed by grover norquist. he has become a household name this this country. you though are one of six house republicans plus seven in the senate who didn't sign the pledge. what made you, when you were given that opportunity and so many of your fellow elected officials signed it, what made you say no? >> it's not because i think we should raise taxes. it's because i believe my obligation to the constitution and to my district, they want an informed congressman trying to find a solution and if you fumble every option before you get to goerpuation, you're not trying to work to the other side. i do know the president has said he'll veto any legislation that doesn't find additional revenue, so we've got to find a solution. going off the cliff is not an option. so i just think a lot of these pledges and all these things that ultimately it restricts our ability to work together and find solutions that will save the country. you can't foresee every situation. so i didn't think signing the pledge made sense and yet i
everyone's talked about this pledge, right, to not raise taxes championed by grover norquist. he has become a household name this this country. you though are one of six house republicans plus seven in the senate who didn't sign the pledge. what made you, when you were given that opportunity and so many of your fellow elected officials signed it, what made you say no? >> it's not because i think we should raise taxes. it's because i believe my obligation to the constitution and to my...
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and it's like those presidential debates, grover norquist. when you're mentioned by name, we have to give you a chance to respond. you heard senator mccaskill. but how about the headlines this week? you have been front and center in the debate. here are some of the headlines. "the new york times" really stands out. is grover finally over? and then, this is really about the pledge that you introduced that is a pledge between these office holding republicans and the people who have elected them. it's not a pledge to you, as you often point out. the bottom line is, are you over? is this tax fight over? >> well, actually, that was last week's news. the president and mr. geithner have really changed the direction here. because there were a few people, including the senator you just had on, who were seduced into thinking, well, maybe i'll have a small, tiny tax increase and have real reform and move forward. >> you're talking about corker? >> and there were others who said -- and, look, corker wants tiny tax increases and very serious reforms. but
and it's like those presidential debates, grover norquist. when you're mentioned by name, we have to give you a chance to respond. you heard senator mccaskill. but how about the headlines this week? you have been front and center in the debate. here are some of the headlines. "the new york times" really stands out. is grover finally over? and then, this is really about the pledge that you introduced that is a pledge between these office holding republicans and the people who have...
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right now as part of a deal. >> andrea, we saw a rapidly changing grover norquist. he left a big hole, a wide avenue, for house republican leaders to make a deal and not run afoul of his organization. he told us as we saw earlier he had a three-step plan. he said that he didn't want republicans to have their fingers on the murder weapon but there are ways around that. he says he wants the deal negotiated in public, on tv. he said it needs to be able to pass the laugh test back home. that certainly in the eyes of the beholder. he wants republicans to push for reforms which speaker boehner is doing. he doesn't want republicans to be blamed. and he's saying republicans need to be out there now making the case for what they want so that if taxes go up, taxpayers are less likely to blame them. the way he put it to me is, you don't stand there and wait for the train to hit you. >> is he redefining revenue? every time i've interviewed grover norquist he's always giving a rigid definition, the only kind of revenue increases he's been willing to contemplate are those that co
right now as part of a deal. >> andrea, we saw a rapidly changing grover norquist. he left a big hole, a wide avenue, for house republican leaders to make a deal and not run afoul of his organization. he told us as we saw earlier he had a three-step plan. he said that he didn't want republicans to have their fingers on the murder weapon but there are ways around that. he says he wants the deal negotiated in public, on tv. he said it needs to be able to pass the laugh test back home. that...
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you know, but it's also particularly smart to cut the knees out from under grover norquist. who is he? he's an unelected -- >> it's not him. >> he represents something that's real. he represents something that's real. >> i think everybody recognizes to get these numbers to work you have to have revenue increases. the question is, do you need tax rate increases or not? i think it's very tough to make the math work. >> honestly, i think -- and i like grover, but there is a big -- but there's a big, big difference between not being able to extend our temporary tax cuts. that to me isn't a violation of the pledge. i didn't sign a pledge i have to extend every temporary tax cut. and i think -- >> you're not for that? >> well, look, if you can find a way, great, but i don't like cutting payroll taxes because the cut is always temporary. you have to fund social security and medicare. no. >> what about the pledge to the american people to act fiscally responsibly for everybody, i mean, i actually think that it's great that you made that proposal. but the reality is, most of the cong
you know, but it's also particularly smart to cut the knees out from under grover norquist. who is he? he's an unelected -- >> it's not him. >> he represents something that's real. he represents something that's real. >> i think everybody recognizes to get these numbers to work you have to have revenue increases. the question is, do you need tax rate increases or not? i think it's very tough to make the math work. >> honestly, i think -- and i like grover, but there is a...
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david, you heard congresswoman bass refer to grover norquist. i want to play what he said regarding this ominous threat as described to republicans who may not fall in line. let's play it. >> tea party 2 is going to dwarf ta tea party 1 if obama pushes us off the cliff. >> this was in reference to the president. he's threatening we will see a new, stronger tea party if we go off the cliff. >> yes. grover norquist also predicted an overwhelming victory by mitt romney and was proven wrong then, too. i think he and other republicans are playing a very dangerous game with their own political futures by failing to see the connection between this situation and the situation we were in around 1995 when there was a government shutdown. republicans thought they could drive this to the bitter end, and what happened? the american voters actually blamed them, the republicans, for what happened. i think it's a pattern in american politics when things happen that are, in effect, harmful government shutdowns, if you will, or breakdowns of process, the blame us
david, you heard congresswoman bass refer to grover norquist. i want to play what he said regarding this ominous threat as described to republicans who may not fall in line. let's play it. >> tea party 2 is going to dwarf ta tea party 1 if obama pushes us off the cliff. >> this was in reference to the president. he's threatening we will see a new, stronger tea party if we go off the cliff. >> yes. grover norquist also predicted an overwhelming victory by mitt romney and was...
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my next guest sound grover norquist and his anti-tax pledge concerning. congressman nunes, it is great to have you with us. >> this little visit i timothy geithner to speaker boehner, in which he bsically says we are going to talk about stimulus -- that is pretty hard step to push or to stomachh isn't? >> yes, timothy geithner has been coming here for four years. he has come before the ways and means committee, before the budget committee. this guy has never told us the truth and we challenged them for years. the numbers don't add up, and that is the problem. he came here today and it was a waste of time. we shove the president meeting with the senate. it is kind of a joke and it is sad because it is a serious issue for the american people. lou: let me ask you. speaker boehner expressing frustration. it doesn't look to me that this president wants a negotiation, beuse he is not saying so, as he pointed out. secondly come he doesn't want a negotiation because he's rlly making demands. he is not negotiating. so is this a declaration of going over the cliff?
my next guest sound grover norquist and his anti-tax pledge concerning. congressman nunes, it is great to have you with us. >> this little visit i timothy geithner to speaker boehner, in which he bsically says we are going to talk about stimulus -- that is pretty hard step to push or to stomachh isn't? >> yes, timothy geithner has been coming here for four years. he has come before the ways and means committee, before the budget committee. this guy has never told us the truth and we...
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grover norquist on "meet the press." if the president pushes us off the fiscal cliff tea party 2 is going to make tea party 1 look -- wharf grover! -- whatever, grover! >> sequels almost always are -- >> stephanie: suck. >> way worse than the original. >> stephanie: okay. gayle in syracuse. hello, gayle. >> caller: hi. >> stephanie: hi. >> caller: now, i was thinking, now i'm as concerned as anybody else about the fiscal cliff. but thinking -- you know that the new congress that is coming in has less of the crazy tea baggers than the ones that we're dealing with now. as my understanding that congress can write legislation that's retro active to the first of the year. it may not be such a bad thing going over it afterall. >> stephanie: gayle, i swear to god i understand people -- even the white house saying that would not be preferrable to do that and that markets may react. i'm starting to agree with you. the more i see mcconnell and boehner's comments and how unseriously they're treating this, the lack of specificity of
grover norquist on "meet the press." if the president pushes us off the fiscal cliff tea party 2 is going to make tea party 1 look -- wharf grover! -- whatever, grover! >> sequels almost always are -- >> stephanie: suck. >> way worse than the original. >> stephanie: okay. gayle in syracuse. hello, gayle. >> caller: hi. >> stephanie: hi. >> caller: now, i was thinking, now i'm as concerned as anybody else about the fiscal cliff. but thinking --...
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norquist. until then find us at facebook.com/now with alex. "andrea mitchell reports" is next. good afternoon, andrea. >> good afternoon, alex. thank you very much. coming up here on "andrea mitchell reports," the road to nowhere. when will the real negotiations begin? we'll have the latest from chuck todd and chris cizilla. plus, the top democrat on the house weighs and means committee, sandra levin. what is hillary clinton's new read line in syria? former congresswoman jane harman joins us. and in the line of fire, we'll hear from one of the women challenging the pentagon's ban of women in combat. plus, musician, composure, teacher winston mar sal less on a quarter century of jazz lincoln center all that next on "andrea mitchell reports." want to try to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who und
norquist. until then find us at facebook.com/now with alex. "andrea mitchell reports" is next. good afternoon, andrea. >> good afternoon, alex. thank you very much. coming up here on "andrea mitchell reports," the road to nowhere. when will the real negotiations begin? we'll have the latest from chuck todd and chris cizilla. plus, the top democrat on the house weighs and means committee, sandra levin. what is hillary clinton's new read line in syria? former...
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stand by, we're going to talk about grover norquist. by the way, karen, happy belated birthday. >> thank you. >> i hear you celebrated, i heard there was a wild party in d.c. last night. thanks for the invite. >> quick note here, don't know what you're doing with your sunday, but the president is off golfing and take a listen. take a look at the lineup. the partners on the course, u.s. trade representative, former mayor of dallas, ambassador ron kirk. democratic heavyweight, pro tension gubernatorial candidate. terry mcauliffe. and none other than william jefferson clinton playing. imagine the conversation out there on the links at andrews. >>> up next, we'll talk to the former senate majority leader who recently served as u.s. special envoy for middle east peace. was the leading peace negotiator for that region, former senator george mitchell will join us live on the other side of the break. we'll spend some time with him. >>> and record rainfall up and down the west coast. a live report from one northern california town, where the riv
stand by, we're going to talk about grover norquist. by the way, karen, happy belated birthday. >> thank you. >> i hear you celebrated, i heard there was a wild party in d.c. last night. thanks for the invite. >> quick note here, don't know what you're doing with your sunday, but the president is off golfing and take a listen. take a look at the lineup. the partners on the course, u.s. trade representative, former mayor of dallas, ambassador ron kirk. democratic heavyweight,...
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i would agree with grover norquist on this. the proposal is a nonstarter with republicans and probably most people who have looked at it. we have to get closer to this. they are both very far apart and holding their ground. that's no way to settle it. >> so all this rang lg about the fiscal cliff isn't the goal. with the president asking for $50 billion in stimulus spending, do you worry they might be losing sight of that? >> the best thing for the country is to go over the fiscal cliff. it maximizing the deficit reduction. there's no deal cut between republicans and democrats. it's not going to reduce the amount of money coming out of the deficit by a lot. so if you do that, you go back to the clinton tax rates, cut some defense and we have a short, mild recession for two quarters. we have to get serious about the deficit e. i have no belief that the congress is going to get serious about the deficit. so tom cole was right because he wants to get the republicans back in the mainstream. but the best thing the country could do i
i would agree with grover norquist on this. the proposal is a nonstarter with republicans and probably most people who have looked at it. we have to get closer to this. they are both very far apart and holding their ground. that's no way to settle it. >> so all this rang lg about the fiscal cliff isn't the goal. with the president asking for $50 billion in stimulus spending, do you worry they might be losing sight of that? >> the best thing for the country is to go over the fiscal...
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one senator is defending grover norquist's anti-tax stance. that's senator rand paul. he'll join us live in a few minutes. >>> even black friday couldn't save retailers from superstorm sandy. sales for november taking a hit in the wake of that storm. what does it mean, though, for the holiday shopping season? we'll tell you how to play it. >>> a wade of companies issuing special dividends ahead of the fiscal cliff. sounds like a plus for the company. we'll tell you why it could be more of a warning sign. >>> and how senate majority leader harry reid's home state of nevada could get hit hard if congress cannot make a deal on the fiscal cliff. >>> we're going to start with the cme group. rick santelli, the santelli exchange. i'm told a little poetry. i just hope it's not frost saying some say the world will end in fire, some saying ice. >> it's not going to be fire and ice. it is going to be some fire and brimstone! how's that? you know, i liked warren buffett's op-ed the other day in the "time"s. a minimum tax for the wealthy. we're going to get to a couple quotes in th
one senator is defending grover norquist's anti-tax stance. that's senator rand paul. he'll join us live in a few minutes. >>> even black friday couldn't save retailers from superstorm sandy. sales for november taking a hit in the wake of that storm. what does it mean, though, for the holiday shopping season? we'll tell you how to play it. >>> a wade of companies issuing special dividends ahead of the fiscal cliff. sounds like a plus for the company. we'll tell you why it...
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peter king yesterday talked about grover norquist. said watch out grover. >> this whole thing with norquist came up out of nowhere. again, going back -- the fact that he brought my wife into it, he's never meet me or my wife. he better hope he doesn't because i'll knock his head off. >> going to knock his head off. his wife would knock his head off. >> that's a bad moment. peter king's spouse is going to come for grover norquist. >> bill: if king was responding to the fact that grover norquist said his pledge is like the marriage pledge, right. the same power. the same -- and if you take your marriage vows, it is once and forever. and if you sign his pledge, it is once and forever. i don't think most members when they sign that had quite the same -- >> most members thought of as peter king. some of the folks on capitol hill are like yeah, it is. >> he also sounds like a guy who might follow through on that threat, you know. >> he does have that sort of -- >> i was waiting for him to say my wife would knock his freakin' block off. he m
peter king yesterday talked about grover norquist. said watch out grover. >> this whole thing with norquist came up out of nowhere. again, going back -- the fact that he brought my wife into it, he's never meet me or my wife. he better hope he doesn't because i'll knock his head off. >> going to knock his head off. his wife would knock his head off. >> that's a bad moment. peter king's spouse is going to come for grover norquist. >> bill: if king was responding to the...
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. >>> grover norquist thinks that the tea party will revolt until republicans keep tax rates low on the rich. we'll see if he's right about that. that's next. and later in the show, you're going to meet the last word viewer who impressed me so much with his online comment about the show that he works here now. that's coming up. ♪ ♪ mom? dad? guys? [ engine turns over ] [ engine revs ] ♪ he'll be fine. [ male announcer ] more people are leaving bmw, mercedes and lexus for audi than ever before. take advantage of exceptional values during the season of audi event. >>> under my plan, first of all, 98% of folks who make less than 250,000, you won't see your income taxes go up a single dime. all right? because you're the ones who need relief. but we're not going to be able to get it done unless we also ask the wealthiest households to pay higher taxes on their income over $250,000. the same rate we had when bill clinton was president and our economy created nearly 23 million new jobs. >> that's from a new video by the obama administration designed to get the public on the president's s
. >>> grover norquist thinks that the tea party will revolt until republicans keep tax rates low on the rich. we'll see if he's right about that. that's next. and later in the show, you're going to meet the last word viewer who impressed me so much with his online comment about the show that he works here now. that's coming up. ♪ ♪ mom? dad? guys? [ engine turns over ] [ engine revs ] ♪ he'll be fine. [ male announcer ] more people are leaving bmw, mercedes and lexus for audi...
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norquist tax pledge. chris gibson says the pledge he signed in 2010 no longer applies since redistricting changed the numbers. he signed as a candidate for new york's 20th congressional district and said moving forward he doesn't plan to re-sign it for the 19th congressional district for which he now represents. okay. the opening bell just rang. let's get right to the market rundown. cnbc's becky quick is here. good morning, becky. >> reporter: good morning, chris. great to see you. we are looking now at the markets just opening and they're opening relatively flat. modest declines for the s&p and nasdaq. modest gains for the dow. that's a surprise today because when you came in this morning you might have expected to see a lot of red arrows. we have been trading almost in lock step with the headlines that have been coming out of washington around the fiscal cliff. when it looks like there is some movement made, when it looks like there's a deal that could be reached, you see the markets go up. when things
norquist tax pledge. chris gibson says the pledge he signed in 2010 no longer applies since redistricting changed the numbers. he signed as a candidate for new york's 20th congressional district and said moving forward he doesn't plan to re-sign it for the 19th congressional district for which he now represents. okay. the opening bell just rang. let's get right to the market rundown. cnbc's becky quick is here. good morning, becky. >> reporter: good morning, chris. great to see you. we...
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thoughts about potentially raising taxes, do you frng that grover norquist, his anti-tax pledge, is seeping back into the conversation here and keeping the right with the cement shoes on? >> sure, for some that's the case. and it is also the case that some on our left have their shoes in concrete, as well. they don't want to touch any spending. but the hard reality is we have to do both and every bipartisan group that's worked on this has reached that conclusion. so at the end of the day, i think people who are in the sensible center know you're going to have to come bodo both. revenue near a 60 year low as a share of our national income. spending is near a 60 year high as a share of our national income. so we're going to have to work both sides of the krequation. >> senators on the right have been very controversial in their remarks regarding susan rice and whether or not she will be nominated for secretary of state. but i want to play for everybody how the president defended rice yesterday. >> mrs. rice is extra ordinary. couldn't be prouder of the job that she's done. >> the appl
thoughts about potentially raising taxes, do you frng that grover norquist, his anti-tax pledge, is seeping back into the conversation here and keeping the right with the cement shoes on? >> sure, for some that's the case. and it is also the case that some on our left have their shoes in concrete, as well. they don't want to touch any spending. but the hard reality is we have to do both and every bipartisan group that's worked on this has reached that conclusion. so at the end of the day,...
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look, this wasn't a pledge of tax cuts to grover norquist. i can guarantee you, every singleerepublican and some democrats, too, running for congress or the senate, i guarantee you, every single one pledged to their constituents, i wasn't raise your taxes, every single one did, so, everyone who breaks that pledge is making a promise to his constituents. that was the story. stuart: yes, all right. now, what we're going to do? what are we going to do in the future? what's going on here? >> well, i think, i think what you've got is a cancer that is exploding debt and what they're looking for is the right bandaid to put on it to tell america, we just got over that hump and you know darn well in january they're coming right back with the next fiscal disaster and look for the next bandaid to put it on it. no one is responsible, not the republican and not the democrats. >> i think we have the campaign in chief and i think we're setting up a debt crisis at some point in the future. the thing about removing the debt ceiling forever taking away any con
look, this wasn't a pledge of tax cuts to grover norquist. i can guarantee you, every singleerepublican and some democrats, too, running for congress or the senate, i guarantee you, every single one pledged to their constituents, i wasn't raise your taxes, every single one did, so, everyone who breaks that pledge is making a promise to his constituents. that was the story. stuart: yes, all right. now, what we're going to do? what are we going to do in the future? what's going on here? >>...
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. >> do you think that's a pledge with grover norquist, with your constituents? there are others saying they have room around the pledge. >> well, that's a great question you just asked me. is that a pledge to my constituents. absolutely. in 2002 -- and i was running in a tough primary and those folks back in marietta, georgia, said, phil, are you going to take the grover norquist, americans for tax reform pledge. i said, yes, i will take it. many would have voted for my opponent. that plenl, i honor that. it's a pledge to my constituents. absolutely. >> all right. you say your constituents don't want you to raise taxes on the rich. let me show you what an abc/washington post poll shows. 60% would support raising taxes on incomes over $250,000 per year. you wouldn't do that? >> i understand that their perception. i have constituents that take that position as well. i'm sent to congress to represent 700,000 people in my northwest georgia district. they send me because they trust my judgment. they think i have the facts that maybe in many cases they don't. we know
. >> do you think that's a pledge with grover norquist, with your constituents? there are others saying they have room around the pledge. >> well, that's a great question you just asked me. is that a pledge to my constituents. absolutely. in 2002 -- and i was running in a tough primary and those folks back in marietta, georgia, said, phil, are you going to take the grover norquist, americans for tax reform pledge. i said, yes, i will take it. many would have voted for my opponent....
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>> and, of course, another day more republicans dumping grover norquist. among nebraska and is iowa republicans, most of them told the world herald this week they could support a broad budget agreement, even if the deal ends up including higher tax revenues. i won't have a problem with letting those tax rates go up, representative mike simpson said to reuters. but new york congressman chris gibson found the most creative way out of his relationship with grover. his spokesman released a statement reading, the congressman signed the pledge as a candidate in 2010 for the 20th congressional district. carson gibson doesn't plan to re-sign it for the 19th congressional district, which he now represents. the pledge is to your constituents of a numbered district. >> we're very happy with any rationale that helps republicans accept decoupling of the bush tax cuts. and so speaker boehner this morning said there's no progress. but all you have to do is just listen to what's happening out there. and you know there is progress. >> i think when we listen to what's happe
>> and, of course, another day more republicans dumping grover norquist. among nebraska and is iowa republicans, most of them told the world herald this week they could support a broad budget agreement, even if the deal ends up including higher tax revenues. i won't have a problem with letting those tax rates go up, representative mike simpson said to reuters. but new york congressman chris gibson found the most creative way out of his relationship with grover. his spokesman released a...
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. >> you mentioned grover norquist. he's making a new prediction, by the way. let's listen. >> understand how ugly the next four years are going to get. everything in obamacare that obama didn't want you to focus on or think about, the 90% of his trillion-dollar tax increase was pushed over till after he got himself safely re-elected. all those regulations you're now hearing about, okay, those all hit after the election. we've got four bad years of regulation taxes. he wants to add higher taxes to that. tea party 2 is going to dwarf tea party 1 if obama pushes us off the cliff. >> so basically, jon, what grover norquist is saying there to members of the tea party set who have been elected, who were elected, is, you know, we're going to take everybody who is against us into a primary on your right. >> right. >> on the republican side. >> right. >> so the threat has been issued already, even before we begin negotiating what the package will be. >> oh, yeah. >> this is like political terrorism. >> well, it's certainly a clear bargaining position. i remember three
. >> you mentioned grover norquist. he's making a new prediction, by the way. let's listen. >> understand how ugly the next four years are going to get. everything in obamacare that obama didn't want you to focus on or think about, the 90% of his trillion-dollar tax increase was pushed over till after he got himself safely re-elected. all those regulations you're now hearing about, okay, those all hit after the election. we've got four bad years of regulation taxes. he wants to add...
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. >> krystal, it's grover norquist versus the polls, actually, the polls actually tell us -- a new cnn poll shows that 45% of americans would blame congressional republicans if no deal is reached and 34% would blame president obama. i don't think grover is going to turn that around. >> no, i don't think grover is going to turn that around and i don't think that he's right that tea party 2 will dwarf tea party 1. >> he is so wrong. >> but i do think that there is true to the fact that there is already a backlash from the ultra right, grassroot tea partyiers that are still out there upset with boehner over his initial position, which is still quite far to the right, as you and ryan talked about in the last segment, doesn't even include any increase in the top tack rates at all. it still focuses on these magic, you know, reductions of loopholes and deductions that we've never heard anyone from mitt romney or anyone else be able to actually describe. >> let's listen to something that tim geithner said, his description of the republican's problem. >> they are in kind of in a tough position
. >> krystal, it's grover norquist versus the polls, actually, the polls actually tell us -- a new cnn poll shows that 45% of americans would blame congressional republicans if no deal is reached and 34% would blame president obama. i don't think grover is going to turn that around. >> no, i don't think grover is going to turn that around and i don't think that he's right that tea party 2 will dwarf tea party 1. >> he is so wrong. >> but i do think that there is true to...
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norquist tax pledge. basically urging the party to take the president's deal of extending the tax cuts for 98% of americans right away. i want to play what he had to say to our chuck todd earlier today, though. >> the president says he wants to make 80% of the bush tax cuts permanent for 98% of the american people. and take them out of the discussion. i think we should do that. now, that advise was given in private. >> you didn't intend for this to go public? >> no, i absolutely didn't. again, it is what i said. it's not an inaccurate report. >> all right. he didn't really want it to get out there, but it's out there. it's feathers to the wind. michael, you can't get this back. you know that well with radio. once you say it, it's out there. feathers to the wind. do you agree congressman cole is actually giving the speaker more flexibility in the negotiations? >> yes. thomas, there's a tendency to watch these negotiations from the sidelines and to think that the prince piples speak for everyone. i think we
norquist tax pledge. basically urging the party to take the president's deal of extending the tax cuts for 98% of americans right away. i want to play what he had to say to our chuck todd earlier today, though. >> the president says he wants to make 80% of the bush tax cuts permanent for 98% of the american people. and take them out of the discussion. i think we should do that. now, that advise was given in private. >> you didn't intend for this to go public? >> no, i...
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. >> i believe grover norquist. they should get the media cameras in their. stuart: let's get more on this. we have a special guest joining us. he should have been on varney & company many times. >> i hope this is the first of many appearances. great to be with you this morning. i am kind of in a foul mood this morning. i am going to say something. the three of you are going -- if the republicans just gave the president what he wants on these taxes, low, in the end, the taxes are going up. we still have a trillion dollar deficit. this does not solve anything. at best, even if they raise the money they think they will, and i don't think they will raise any money, they are still left with a trillion dollar deficit. how are you going to bring down a trillion dollar deficit? i think the democrats are on -- i had to get that off my chest. stuart: gm car and truck sales are up 3%. the stock, dead flat. sales up 3%. that is the car sales numbers coming in today. steve, i want to get back to you here. the democrats say, wait a second, wait a second, you raise taxes o
. >> i believe grover norquist. they should get the media cameras in their. stuart: let's get more on this. we have a special guest joining us. he should have been on varney & company many times. >> i hope this is the first of many appearances. great to be with you this morning. i am kind of in a foul mood this morning. i am going to say something. the three of you are going -- if the republicans just gave the president what he wants on these taxes, low, in the end, the taxes...
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we have republican senators saying they will stand up to the grover norquist tax pledge. they're willing to break it which is pretty big news. we also have the influential member of congress, republican tom cole saying we have got to agree to extend the tax cut just for those people making $250,000 and below and letting the more wealthy be taxed. definitely flexibility but what you see from democrats is an unwillingness to do serious entitlement reform that would lead to reductions in spending. they want to kick the can down the road and do more of the next year with the vague promises. dennis: the think republicans will be willing to agree upfront to more tax revenue or higher tax rates as we go without a firm cap on entitlement reform? >> that is the big question. what is a firm commitment? what they're going to look for is some spending cuts this year with an avenue towards entitlement reform next year is the best they are going to get. absolutely what the deal is going to be is the wealthier people, making $250,000 a year, will see their taxes go up. that is a given.
we have republican senators saying they will stand up to the grover norquist tax pledge. they're willing to break it which is pretty big news. we also have the influential member of congress, republican tom cole saying we have got to agree to extend the tax cut just for those people making $250,000 and below and letting the more wealthy be taxed. definitely flexibility but what you see from democrats is an unwillingness to do serious entitlement reform that would lead to reductions in spending....
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>> you might have thought that having known the storm clouds over grover norquist and hearing the uprising and all the fury over that that obama was going to have to give them some sort of fig leaf, some sort of concession, say well, yes, we had broken a promise, it was a really difficult decision for a lot of us, but we got "x." you know, the geithner offer of yesterday didn't have any "x." and what's fascinating about this, obama seems totally, totally convinced that if we go over the fiscal cliff, this benefits him. the public will blame the republicans. okay. i suppose it's entirely possible. in fact, it's probable of that category. but does obama really want to start the second term going into recession again? the interesting thing, with this offer on the table, sequestration and the expiration of bush tax cuts for everyone is the best option for republicans right now. but as least under that, you can dispel this notion -- the biggest obstacle is this attitude of the public that we can solve the problem of the debt, we can solve the problem of entitlements just by raising taxes on the
>> you might have thought that having known the storm clouds over grover norquist and hearing the uprising and all the fury over that that obama was going to have to give them some sort of fig leaf, some sort of concession, say well, yes, we had broken a promise, it was a really difficult decision for a lot of us, but we got "x." you know, the geithner offer of yesterday didn't have any "x." and what's fascinating about this, obama seems totally, totally convinced that...
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and today grover norquist, who is against any tax increase, has an idea. if you want to know who's negotiating in good faith, put it on tv. >> it's the president who's threatening to raise taxes on the middle class if he doesn't stomp his feet and fwet his way. he should get into a room with c-span cameras there so instead of hearing rhetoric like this, let's hear it in front of c-span cameras. if the republicans being reasonable, we'll see that. if they're not, we'll see that. got to have cameras in that room. >> i personally love c-span as do cnn contributors l.z. granderson and will cain. welcome to both of you. let's start there. i would love to watch the negotiations in realtime. does mr. norquist have a dandy idea, l.z.? >> i don't think so. i really don't. i mean, how many people are watching c-span now? that's not the bash c-span. it's not as if this negotiation is going to last 45 minutes with 18 minutes of commercials. it's going to last for hours and hours and hour. i severely doubt the american people are going to sit there, they don't have tim
and today grover norquist, who is against any tax increase, has an idea. if you want to know who's negotiating in good faith, put it on tv. >> it's the president who's threatening to raise taxes on the middle class if he doesn't stomp his feet and fwet his way. he should get into a room with c-span cameras there so instead of hearing rhetoric like this, let's hear it in front of c-span cameras. if the republicans being reasonable, we'll see that. if they're not, we'll see that. got to...
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. >> bob, you, yesterday, shadowed grover norquist for quite some time. you went to the meeting, his wednesday meeting. >> that's right. >> he has all the time with some of the most powerful conservatives in d.c. and across the country attending. what was their attitude about any deal that boehner might have to make? >> it's pretty interesting when you talk to house republicans because they look at boehner from two different perspectives. on one side, boehner went in front of the house conference and he said, i'm not going to back any deal that increases rates. so they feel pretty confident on rates. that's where i think "the new york times" comes from. on rates they think boehner is still with house conservatives. at the same time, there's a lot of raised eyebrows right now because just as boehner is promising not to buckle on rates, he's purging four conservatives from committee. >> i was going to ask you about that. now, newt, and bob livingston tried that with mark newman back in '95. that didn't work out well for him. we said we're going to vote agai
. >> bob, you, yesterday, shadowed grover norquist for quite some time. you went to the meeting, his wednesday meeting. >> that's right. >> he has all the time with some of the most powerful conservatives in d.c. and across the country attending. what was their attitude about any deal that boehner might have to make? >> it's pretty interesting when you talk to house republicans because they look at boehner from two different perspectives. on one side, boehner went in...
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grover norquist says there's no negotiation. governor casey coming on saying, listen, it's going to take some time. rise above, this is like sink below, they think that our position wrong, somehow we are a compromise. >> all right. thank you, jim, we'll see you in just a few minutes. >> going to be an important day. when we come back, stocks on the move today. there's only one today but is it in your portfolio? we'll take a look next. ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the staff is exceptionally friendly. ♪ nespresso. what else? wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronn
grover norquist says there's no negotiation. governor casey coming on saying, listen, it's going to take some time. rise above, this is like sink below, they think that our position wrong, somehow we are a compromise. >> all right. thank you, jim, we'll see you in just a few minutes. >> going to be an important day. when we come back, stocks on the move today. there's only one today but is it in your portfolio? we'll take a look next. ...with a deeper knowledge of their subjects. as...
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that would go against the grover norquist pledge not to raise taxes. but one of those who signed the pledge is standing by his promise. senator ron john so thson joins. senator, thanks for being here. >> good morning. >> senator, we've been following all of these negotiations as the market has turning on every single bit of information that comes out. you say that you would not go along with any idea to raise those marginal tax rates. why is that? >> because everything we should be doing here should be concentrating on economic growth because that's time as more effective. let me give you a couple numbers. even with the very meager recovery that we've had, revenue has increased to the federal government by $344 billion per year. if we just return to a normal economy like we had in 2007, those policies of george bush where we had 18.5% of our economy coming to the federal government as revenue, that would be another $419 billion. so combined, that would be $750 billion per year of additional revenue. now, president obama's proposal of punishing success,
that would go against the grover norquist pledge not to raise taxes. but one of those who signed the pledge is standing by his promise. senator ron john so thson joins. senator, thanks for being here. >> good morning. >> senator, we've been following all of these negotiations as the market has turning on every single bit of information that comes out. you say that you would not go along with any idea to raise those marginal tax rates. why is that? >> because everything we...
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norquist pledge. why do we have to be held to a pledge some would say? >> some. why give up something if a negotiation until you get something back? they are not getting anything back. >>gregg: the concession was a mistake? >> obviously. >> what we are missing from the republicans, that would be a positive message of what they are for. if as they did with paul ryan, they say we want to take medicare, social security, medicaid, and they do the same thing now with mcconnell and they need a game changer. >> as i said, on the debt crisis --. >> no, it is about spending cuts and the president is proposing not cuts but more spending. >> here is the point. if the republicans said, wait, we are going to start right here on this constitutional question, make the democrats in the senate and house of representatives vote, do you think mary landrieu would vote to give him total power? the republicans do not have a clue how to handle this. >> that would be smart, to call a vote right now on the president's ability
norquist pledge. why do we have to be held to a pledge some would say? >> some. why give up something if a negotiation until you get something back? they are not getting anything back. >>gregg: the concession was a mistake? >> obviously. >> what we are missing from the republicans, that would be a positive message of what they are for. if as they did with paul ryan, they say we want to take medicare, social security, medicaid, and they do the same thing now with...
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not so long ago we had grover norquist on. said the president is going to have to back off, we have to raise taxes and low and behold the "wall street journal" ran a story saying just that, it will be a bargain. are you going to get it tomorrow? they will fuss with the income rate. that will be a part of the conversation as well. the longer it goes on, the more threat letters to the economy and the stock market because people don't know what to expense. one comment about the dividend story you are doing, don't forget these companies are run by big-time executives who get paid this way and are driving the chain. tracy: you can't blame them, somebody has to do it. ashley: don't miss gerri willis and m "the willis report" here n fox business. thank you. tracy: the white house using twitter as part of an arsenal in the fiscal cliff battle, but may not have been the best idea for them. ashley: we will be right back. [ male announcer ] this is jo woods' first day of rk. and his new boss told him twongs -- cook what you love, and sav
not so long ago we had grover norquist on. said the president is going to have to back off, we have to raise taxes and low and behold the "wall street journal" ran a story saying just that, it will be a bargain. are you going to get it tomorrow? they will fuss with the income rate. that will be a part of the conversation as well. the longer it goes on, the more threat letters to the economy and the stock market because people don't know what to expense. one comment about the dividend...
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i think grover norquist will be laughing at all of you. >> all of who? >> you don't solve income inequality by taxing rich people. that doesn't happen. >> i'm just advancing -- >> you don't think the republicans will bear a big part of the blame on this? the president has set it up like that. we want to both keep taxes low on 98%, what can't we -- >> they can spin it any way they want and they will, becky. but i think the key thing here is that neither side is really moving the ball forward. they're not really talking about core issues when it comes to any kind of fiscal sanity. but i will say this, part of the reason the republicans are so reluctant to do business with obama is they got rolled in the first two years. and the other thing is when they hear the rhetoric coming from the left, listen to people like paul krugman who says we've got to print money and borrow money. they're horrified. you take that message down south to a lot of constituencies and they don't want to deal with. so, you know, i think it's a strange time. we do have great polarizat
i think grover norquist will be laughing at all of you. >> all of who? >> you don't solve income inequality by taxing rich people. that doesn't happen. >> i'm just advancing -- >> you don't think the republicans will bear a big part of the blame on this? the president has set it up like that. we want to both keep taxes low on 98%, what can't we -- >> they can spin it any way they want and they will, becky. but i think the key thing here is that neither side is...
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now, grover norquist calls these imriewr thoughts, buimpure thou. but to most americans, it's common sense. now the onus is on republicans and especially their leadership to follow this encouraging rhetoric with some action. and, mr. president, so far that has been lacking. the lengths to which republicans are now going in order to protect the rich from paying higher rates would be comical if it weren't so detrimental. they say they've accepted that revenue needs to be on the table, but then the proposal that speaker boehner made to the president would actually cut rates for the rich. it lacks any details about where that claimed revenue would come from. and just as an independent analyst confirmed about the ryan plan, and just like we saw in the romney plan, when you're talking about simply closing loopholes and ending deductions, either the math doesn't add up or the middle class ends up bearing the entire burden. republicans are tying themselves up in knots to avoid the obvious. easiest way to raise revenue from the wealthiest americans is simply
now, grover norquist calls these imriewr thoughts, buimpure thou. but to most americans, it's common sense. now the onus is on republicans and especially their leadership to follow this encouraging rhetoric with some action. and, mr. president, so far that has been lacking. the lengths to which republicans are now going in order to protect the rich from paying higher rates would be comical if it weren't so detrimental. they say they've accepted that revenue needs to be on the table, but then...
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norquist. so, i give them a lot of mrauz f for doing the right thing. >> thank you for joining me, as always. i appreciate that. >>> that is a wrap of this "weekend with alex witt." up next my friend craig melamvi. i'm alex witt, have yourselves a great day. nk you need to go to a department store counter to treat your toughest skin concerns? join the counter revolution and switch to olay pro-x to see results in 28 days. anti-aging results so you look up to 12 years younger. reduce the look of pores and fight red acne for clearer skin get cleansing results as effective as a $200 system no matter what your skincare issues you'll see results in 28 days guaranteed join the counter revolution with potent, professional, pro-x. you'll also care about our new offer. you get access to nurses who can help with your questions. and your loved one can get exelon patch free for 30 days. if the doctor feels it's right for them. it cannot change how the disease progresses. hospitalization and rarely death hav
norquist. so, i give them a lot of mrauz f for doing the right thing. >> thank you for joining me, as always. i appreciate that. >>> that is a wrap of this "weekend with alex witt." up next my friend craig melamvi. i'm alex witt, have yourselves a great day. nk you need to go to a department store counter to treat your toughest skin concerns? join the counter revolution and switch to olay pro-x to see results in 28 days. anti-aging results so you look up to 12 years...
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grover norquist said why don't we just get the c-span and watch the sausage being made. it could be too scary. >> brian: they had him out there and he defended himself yesterday. he's doing a good job exactly defining what he's going for. he's not the angry guy everyone portrade himself. mr. #1: makes a point that washington smends too much. another story that everyone is talking about. kansas city chief's player who murdered his girlfriend, shot her nine times and killed himself. brad underwood has more from kansas city. good morning, brad. >> good morning, it has been an emotional high and low in the last couple of days in kansas city. they are continuing to learn more about the events leading up with the incident with javon and his girlfriend casandra perkins and what will happen to zoe. javon's mother the raise the three month old in long island. funeral arrangements haven't been made for casandra or javon. the first thing out of the head coach's mouth. thoughts and prayers going out to both families. javon a starter of the kansas city chiefs and his girlfriend was a
grover norquist said why don't we just get the c-span and watch the sausage being made. it could be too scary. >> brian: they had him out there and he defended himself yesterday. he's doing a good job exactly defining what he's going for. he's not the angry guy everyone portrade himself. mr. #1: makes a point that washington smends too much. another story that everyone is talking about. kansas city chief's player who murdered his girlfriend, shot her nine times and killed himself. brad...
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grover norquist, i interviewed him. >> steve: we'll watch this weekend. >> gretchen: did you know about the price of pizza? it's going up. our next guest says that we can thank obamacare for the prices going up. >> brian: then. >> steve: brand-new awesome video reveals the exact moment this construction worker -- >> brian: finds out. >> steve: he has all six winning numbers in the powerball! what ems we know about him ahead. >> brian: no way. no way. that's so cool. >> steve: come on [ male announcer ] in blind taste tests, even ragu users chose prego. prego?! but i've bought ragu for years. [ thinking ] woer what other questionable choices i've made? i choose date number 2! whooo! [ sigh of relf ] [ male announcer ] choose taste. choose prego. and we can save you 10% on ground shipping over the ups store. look this isn't my first christmas. these deals all seem great at the time... but later, not so much. this isn't that kind of deal. [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. >> gretchen: fox news alert. bridge collapse sending a train i
grover norquist, i interviewed him. >> steve: we'll watch this weekend. >> gretchen: did you know about the price of pizza? it's going up. our next guest says that we can thank obamacare for the prices going up. >> brian: then. >> steve: brand-new awesome video reveals the exact moment this construction worker -- >> brian: finds out. >> steve: he has all six winning numbers in the powerball! what ems we know about him ahead. >> brian: no way. no way....
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norquist tax pledge, this has been a long time coming. republicans are ready to bolt on saxby in 2008 and just throw their hands up in the runoff. >> but he's a very conservative senator. >> he's one of the guys between the democrats getting 60. >> he's a very conservative senator. >> saxby chambliss is conservative on social issues but a pro-life status. he's very pro-life but for big spending in washington the whole time he's been there. >> so, paul, this anti-tax business, it sounds like the times are beginning to turn on it. >> well, i think so. first off, erick, if you want to run, brother i was telling you this off the air. i worked for zell miller. i like your state. >> christie likes you, paul. >> on this tax question, look, voters are really set. it's about seven out of ten depending on how you ask it who want to see tax rates go up for upper income americans. nobody wants to soak the rich. but the 39.5% or so top rate that president obama wants to return to which we paid under clinton is very, very popular. republicans should ou
norquist tax pledge, this has been a long time coming. republicans are ready to bolt on saxby in 2008 and just throw their hands up in the runoff. >> but he's a very conservative senator. >> he's one of the guys between the democrats getting 60. >> he's a very conservative senator. >> saxby chambliss is conservative on social issues but a pro-life status. he's very pro-life but for big spending in washington the whole time he's been there. >> so, paul, this...
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but look at grover norquist's rhetoric in the last 24 hours. look at what tom cole said. look at how every day another republican comes out and says well, maybe we could stomach a slight tax rate increase if. those are all the building blocks that it takes to gradually get to a place where republicans can do something that they hate doing. they don't want to raise taxes. but what the president would say is, i don't care what you want. you don't have a choice. the bush tax cuts go away at the end of the year. i will let them all go away if that's what it takes to get the rate on top earners to go up. boehner knows that. he has a huge incentive to get something out of this deal. and the president has a huge incentive to get a deal because the last thing he wants is an economic funk to start his second term. that would be a bummer for him and a bummer for his policies. >> and if i was advising republicans, i would say you want to get re-elected? you want to be here on your party? look at chris christie. start to move over to the other side of the aisle. >> michael steele, i
but look at grover norquist's rhetoric in the last 24 hours. look at what tom cole said. look at how every day another republican comes out and says well, maybe we could stomach a slight tax rate increase if. those are all the building blocks that it takes to gradually get to a place where republicans can do something that they hate doing. they don't want to raise taxes. but what the president would say is, i don't care what you want. you don't have a choice. the bush tax cuts go away at the...